Common use of Indemnity in favour of the Agents Clause in Contracts

Indemnity in favour of the Agents. The Current Issuer agrees to indemnify each Agent for, and to hold such Agent harmless against, any loss, liability or expense incurred by it arising out of, or in connection with, its acting as agent of the Current Issuer or the Note Trustee in relation to the Current Issuer Notes provided that such loss, liability and/or expense has not arisen as a result of its own fraud, negligence, wilful misconduct or breach of contract. No termination of this Agreement shall affect the obligations created by this Clause 13.5 (Indemnity in favour of the Agents).

Appears in 12 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC)

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Indemnity in favour of the Agents. The Current Master Issuer agrees to indemnify each Agent for, and to hold such Agent harmless against, any loss, liability or expense incurred by it arising out of, or in connection with, its acting as agent of the Current Master Issuer or the Note Trustee in relation to the Current Issuer Notes provided that such loss, liability and/or expense has not arisen as a result of its own fraud, negligence, wilful misconduct or breach of contract. No termination of this Agreement shall affect the obligations created by this Clause 13.5 (Indemnity in favour of the Agents).

Appears in 3 contracts

Samples: Agreement (Granite Finance Funding 2 LTD), Calculation Agency Agreement (Granite Finance Trustees LTD), Calculation Agency Agreement (Granite Finance Trustees LTD)

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Indemnity in favour of the Agents. The Current Issuer agrees to indemnify each Agent for, and to hold such Agent harmless against, any loss, liability or expense incurred by it arising out of, or in connection with, its acting as agent of the Current Issuer or the Note Trustee in relation to the Current Issuer Notes provided that such loss, liability and/or expense has not arisen as a result of its own fraud, negligence, wilful misconduct or breach of contract. No termination of this Agreement shall affect the obligations created by this Clause 13.5 (Indemnity in favour of the INDEMNITY IN FAVOUR OF THE Agents).

Appears in 1 contract

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 02-2 PLC)

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